The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-11-06

as that, out of the surplus funds contributions
and appropriations NAV be made by the man
ayers in aid of the poor of tho city of Indian
apolis"
The corporation is self perpe.uating. At each
annual meeting any vacancies shat may have
been caused by death. any other circum-
stances, are filled by the corporators remaining,
so that full membership OF thirty is had at the
BEGINNING of every year The more direct CON
with the board of managers. seven In number
The managers at the present time are I. A
Morris, VIM. S. Hubbard, Theo. P. Haughey,
VIM. Wallace. N. McCarty. Stoughton A
Fletcher, and John c. New. The managers have
always served without CONDENSATION, in accord
with the spirit of the articles of association
The only salaries paid to anv officers are S.. 900
to the superin tendent, $1,000 to the assistant
superint endent and $500 to the secretary.
Under such economical system of manage
ment the great mass of the receipts is. of course
and has been expended Although only about
one-fourth Of the 1884 acres belonging to the cor
poration have been plated. the sales OF lots for
twenty-three years amount to $4,000, much
the greater portion of which was made in the
first half of the existence of the corporation.
For the first eleven years the average annual
sales were, in round numbers, $28, 600. For the
last twelve years the average is SIG, 400 The
sales for the last year were S16.5l8 The re-
ceipts from sales. partial pay mens for which are
deferred, constitute the chief revenue of
the corporation, though considerable sums are
realized from charges for interments, use of
vaults and construction of foundations for mon
corporation will be derived from the following
summary Of last years transactions. The
ceipts For sale of lots So. 1856; collections,
So. 0l3 05: interest 81. 06l. "a: interments, $4,
748. 80: vault CHARGES, 1888 so; foundations,
$756 %; total. $24, 753. 81 The disbursements
were: For incident tai expenses So, l6l. a; wages
and salaries. S15. 999. 60 new gateway and Offices.
$35s 80; permanent improvements, $1.713 40;
total SCI, 252 49,
The chief item of expense is wages. The
number of men employed varies with the
son. large portion of the work is expended
in care of the grass and shrubbery At present
there fifty five men at work on the grounds
The average payroll for last year was more
than 81, 900 per month. More than shalt of
all the receipts from the first have been bald ont
to laborers residing in this vicinity and large
part of the work done by them is of a temporary
character, requiring repetition each year to pre-
serve the appearance of the grounds. The
naming expenditures are for more perma emit
considerations Asd@f from the pay ment for the
land and the building and maintenance of fenc-
ing, the principal items have been the offices
and gateway az the eastern entrance. which
cost about 81. 600, the vault aud chapel. which
cost about $40. 900, and the sewers. which cost
about $1,000. The corporation has no debts
whatever.
In anticipation of the close of receipts from
sales, although three-fourths of the lands have
not vet been disposed of, provision has been
made that, ANNUALLY. after June /, 1888, not
less than 10 per cent OF the gross annual
ceipts shall be apart for fund, which shall
permanently provide for the preservation.
tanning and orpamenting the cemetery. and the
managers may annually sat apart a larger per
cent of the receipts for such purpose If, IN
their judgment. ir can be prudently done This
fund. known the perpetuity fund. will be
aside at the end of each fiscal year. and will be
invested in securities. which will insure
permanent income sufficient for all the purpo
of the trust